hong kong
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Anna Dai is a beauty and fashion Research Analyst at Euromonitor International. She is part of the Hong Kong research team, covering fashion and beauty industries, such as eyewear, luxury goods, consumer health and personal accessories. Her geographic specialism is in Hong Kong and Taiwan.
Anna joined the luxury central project team in 2023, where she quickly gained a strong interest in this industry. Prior to this, she presented at the Hong Kong Watch and Clock Fair in September 2022, offering insight on luxury watches in Asia Pacific, and was a participant at HKTDC Watch Advisory Meeting in October 2022, where she contributed on the topic of sustainability in the watch industry. Her views have also been shared via industry magazines relating to both luxury and consumer health. Prior to joining Euromonitor, Anna worked as an equity research analyst for a local securities company, where she conducted market research focused on Hong Kong-listed companies and IPOs. Anna also holds an MSc in Applied Mathematics from Hong Kong Polytechnic University.
Self-care narratives driven by a digital pulse in social media education encourage more men to invest in and expand their skin care routines. As younger generations lead the push to normalise advanced skin care practices for men, companies will need to continue brand building online to reach an increasingly digital male consumer.
Consumers’ increasing focus on health, performance, and transparency is driving businesses to rethink their product formulations, expanding sustainability communication beyond just vitamins and sports nutrition. In fact, sustainable products within the consumer health industry recorded an 8% value sales CAGR from 2020 to 2023, outperforming their non-sustainable counterparts.
As scrutiny intensifies on corporate sustainability communication, this is the first of a new series of articles highlighting key insights from Euromonitor’s Sustainability platform. The Beauty and Personal Care industry is experiencing a sustainability-led growth, with sustainable products seeing a 10% CAGR from 2020 to 2023. Utilising data from the AI-based Passport Sustainability platform, Euromonitor underscores the need for companies to adopt transparent sustainability practices. This key move not only helps manage risks and comply with regulation, but also harnesses the increasing consumer preference for sustainable products.